VMG vdm group limited
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Ann: VDM Company Update , page-12

  1. matchbox20
    12,944 Posts.
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    11/03/13
    15:03
    Post #: 11523048
    VMG was ridiculously cheap at 1.3.
    Cheap still.
    About $23m in cash after sale of como.
    Add another $3m in property sale.
    As long as they break even by half year
    is enough for now.
    Add in a some of the $10m in unrecognized income recouped
    and it will move up.
    The turnaround is beginning imo.
    VMG Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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